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Leste Group Partners and Brazilian Firm to Invest $1B in Florida

The joint venture’s first project will be a $500 million luxury Miami property. Global investment manager Leste Group has partnered with Opportunity Fundo de Investimento Imobiliário, a Brazil-based private investment firm, to form a new real estate development company, LORE Development Group. ....

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Leste Group, Bascom Group and East Hill Capital Expand Partnership and Presence in Florida With 448-Unit Multifamily Acquisition

ORLANDO, FL - The Bascom Group, in partnership with Leste Group and East Hill Capital Partners, has acquired their third deal together, a 448-unit garden style apartment community in Orlando, Florida. The Chatham Square acquisition brings the Partnership s total investment into Florida over the past year to over $330,000,000 and 1,200 units.
Accounts managed by KKR provided the debt financing for the acquisition, and Dustin Stolly, Daniel Matz, and Daniel Morin of Newmark arranged the. ....

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Bascom Group Completes $68.5 Million Acquisition of 320-Unit Enclave at Lake Ellenor Apartment Community in Orlando, Florida

ORLANDO, FL - The Bascom Group has acquired a 320-unit apartment community within the Orlando MSA in Florida. The property, Enclave at Lake Ellenor, was acquired for $68,500,000 or $214,06 per unit through a partnership with East Hill Capital s Duff Bedrosian and Leste Group, a Miami based investment manager. Enclave is the second property acquired by Bascom in partnership with East Hill Capital and Leste Group. Starwood Property Trust provided the debt financing for the acquisition and was. ....

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Bascom Acquires Multifamily Property

Bascom Acquires Multifamily Property
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